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Search Results 0 to 17 of about 18 (some duplicates have been removed)
of that part of the savings that the majority leader reid hopes to get is from the war in afghanistan and iraq beginning to wind down. and the cbo has looked at that and said there's a trillion worth of savings that's not real savings because everybody knows the war will wind down. when you look at it as i see it harry reid's proposal is about $950 billion worth of savings. john boehner is $917. quite similar. not the 2.2 or 2.4 that's being talked about. so we do have to do more in term of the immediate cuts in order to extend it for the period of time the president would like. the alternative is this two step process. a trillion dollars now and then have this special committee that would meet and report by the end of november and then there would be additional savings under the boehner proposal. that's almost $2 trillion additional savings, 1.1 trillion. >> the president says he doesn't want to have another formal vote next year and put the country through this ordeal once again right in the middle of elections. he has a point there, right? >> well, wolf, he doesn't have much a point of putt
're at war for 10 years, in afghanistan and iraq at surge levels. we assume we're going to be fighting this war for 10 more years, with over 100,000 troops in afghanistan and oh, gosh, wait, we're going to withdraw our troops in 2014. $1 trillion in savings. i've got a better idea. let's pass a bill to cover the moon with yogurt that will cost $5 trillion today. and then let's pass a bill the next day to cancel that bill. we could save $5 trillion. wait, i've got a better idea. our debt is $14 trillion. let's come up with a new plan to spend $14 trillion, then rescind it the next day and let's save $14 trillion. this stuff is fiscal fantasy. you can't make this stuff up, mr. speaker. suggesting that we're going to be in a war at these levels for 10 more years when everybody knows we've already decided not to do that, that does not get us $1.3 trillion in spending cuts. only in washington can you add up math like that. we need real spending cuts. i yield myself an additional minute to say, this is getting serious,r. speaker. very serious. we can't keep spendg money we just don't have. 4
afghanistan and iraq is just not credible. we don't know what the obstacles are going to be in afghanistan and possibly iraq. we also don't know what we might have to do in the middle east going forward. afghanistan is not settled, mr. president, and we have to have a certain level of stability on the ground in afghanistan or we will have wasted the billions that we have already spent and the lives of our military personnel in afghanistan because it will go back to the way it was before, a center for terrorism that will come to our country or can come to our country. it did once already and we have been over there to try to wipe out al qaeda and the taliban, which has been in league with al qaeda. we have been over there losing american lives and spending american taxpayer dollars to protect our coury from another 9/11. to say that we're going to cut $1 trillion in the future over the next ten years when we aren't placing the emphasis on what are the conditions on the ground is not sound policy and it's certainly not sound national security policy. so that's illusory. and then the other pa
every month for military operations in afghanistan alone to prop up a corrupt and incompetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked about jobs at all since the new republican majority became -- came to power. that means investing in things like education and infrastructure and green technology and medical research. that's the kind of economic future the american people deserve. the boehner default plan would take us exactly in the wrong direction and urge my colleagues on both sides of the aisle to reject it. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california has 5 1/2 minutes remaining. the gentleman is recognized. mr. dreier: mr
of other members of congress, there were warlords from the northern alliance of afghanistan that wanted to meet with us because we were told that the administration didn't want to meet with them and after we met with them it was clear why the administration wouldn't want to. now, i was not aware and it was during the bush administration, of course, our initial actions in afghanistan, we sent in intelligence, we sent in special forces, we sent in weaponry, we equipped the northern alliance tribes who had a special personal interest in defeating the taliban. and afghanistan as a whole had seen how evil the taliban was. how much damage they could do to society as they burned paintings and books and films and totally suppressed freedom in afghanistan. they knew. these people were evil but they were afraid of them but with the united states weaponry, with our guidance and intelligence training these people defeated the taliban. what i was not aware of until we met with these folks and turns out i could have been aware, i just was not, but do you the research, you find out, the bush administr
'm gretchen carlson. a u.s. soldier says he's not going to afghanistan. >> i don't want to deploy because i believe i can't both deploy and be a muslim. >> no, police say he'd rather kill americans here at home. a twisted home grown terror plot revealed. >> meanwhile, it's back to the drawing board! again. john boehner's debt deal vote called off last night. is there anything the speaker can do with democrat insisting they'll kill it as soon as it arrives in the senate no matter what. >> he ran eight miles and had 2500 fans cheering him on and ended up raising
were meant to go to taliban militants in afghanistan. one indictment describes a heroin deal that have grew into a $9.5 million arm sell. an ooatheist group is suing to block the display of the world trade center cross. they say the cross display is, quote, an inpermissible mingling of church and state. it consists of two steel beams. it was found in the wreckage and moved to the memorial on saturday. and one year after the worst oil spill in u.s. history, bp's bottom line is pretty good. the company announced $5.3 billion in second quarter profits. that's a $22 million turnaround from the same period last year. $22 million swing the other way. and now they're posting $5 billion profit. >> a lot of people are going to be looking at the second quarter profits. >>> player or spectator? the president's changing role in the debt talks and whether he can really be sidelined plus, fast and furious. why a controversial gun program is sparking new outrage today in congress. you see, airline cres promise flights for 25,000 miles, but... [ man ] there's never any seats for 25,000 miles. frustrat
in afghanistan alone to prop up a corrupt and incompetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked about jobs at all since the new republican majority became -- came to power. that means investing in things like education and infrastructure and green technology and medical research. that's the kind of economic future the american people deserve. the boehner default plan would take us exactly in the wrong direction and urge my colleagues on both sides of the aisle to reject it. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california has 5 1/2 minutes remaining. the gentleman is recognized. mr. dreier: mr. speaker, as i listen to my friend from the other side
military to be getting the news in afghanistan and iraq of all the upheaval in washington, because they're getting the news, of course. and for them to worry, oh, my gosh what happens august 2 if my paycheck isn't there or my wife or my husband -- for my wife or my husband to be able to use that to pay our mortgage or the basic expenses? i just want to put it in perspective here. we have people in the military with boots on the ground by the thousands that are making under $20,000 a year. now, those are people who are living paycheck to paycheck. they don't have the luxury of having a big savings account with that kind of income, and especially if they've got children. my goodness, they're making under $18,000 a year, some of these younger junior members of the enlisted corps. so i don't think we ought to make them worry for ten seconds if they can pay their basic bills for their housing and the food for their families. in my state of texas, there are 28,000 brave men and women deployed in the support of operations in iraq and afghanistan. there are more than 97,000 service members depl
of iraq and afghanistan, it would take a serious look out of social security and medicare and in many cases contributing to this deficit. and it would say that those who benefit from ethanol subsidies and oil company tax breaks, the wealthiest people in this country would have to pay a little bit more to pay their fair share. something like that is what should be on the floor here this afternoon because it can pass, the president can sign it and it can solve the fiscal problems of this country or take us in the right direction. but we don't have something like that. instead we have a plan that says the following and puts it in the constitution, the guy who runs an ethanol company who gets massive public subsidies can make profits is completely left alone. he doesn't have to do anything. but for the woman who cleans his office at night is going to have to pay more to go to college, more for health care for herself, her children and her parents and more for just about anything she wants in her life. there's something wrong with that picture. sacrifice that is broadly shared is needed in
administration. mr. courtney: starting with iraq and afghanistan wars, two wars which, again, lots of debate about whether it was in our national interest, but in any case what is not debatable is that we never paid for a penny of either one of those conflicts. the bush tax cuts, $1.8 trillion . nondefense discretionary spending, $608 billion. tarp, the wall street bailout, which a lot of people forget occurred under the last administration, a medicare drug benefit which was passed in 2005 which was never paid for, not a nickel of that benefit was ever paid for. we were either offsetting revenue or other -- with either offsetting revenue or other spending reductions. and the 2008 stimulus bill which the bush administration had presented, a lot of people don't remember the check they got sent during that time for, again, none of those expenditures were paid for and many of those expenditures such as the bush tax cuts and the iraq and afghanistan war are still recurring expenses which are still accumulating bills and debts which this country is obligated for. when the obama administration took
the savings would come from iraq and afghanistan and don't materialize and votes on a balanced budget amendment but what the democrats reviews to do is tie an increase in the debt ceiling to passing the balanced budget amendment. you can see the rough outlines of a deal. any deal would have to go back to the house. would these conservatives especially tea party members that speaker boehner had to make concessions to, what would they do if it comes back monday night just hours before the deadline, would they vote for that? >> 201 votes in favor of this legislation. right now 196. take a look. as of now 12 republicans have bolted from the leadership from john boehner, the speaker, and eric cantor the majority leader and right now 12 republicans have voted against and still not there. 216. there is still plenty of time left. nine minutes plus for this vote to conclude. it's a fascinating development as you say. by the way, we're told john boehner was mulling around and didn't seem overly concerned but it is still not a done deal yet. once this does pass, john, assuming it passes, gets 21
of questions. >> mr. speaker, the chairman of the joint chiefs of staff is in afghanistan and he was asked whether soldiers will get their checks next week. how can you allow the soldiers to even wonder whether they will get paid? >> senator mcconnell and higher months -- both confident that we can come to an agreement with the white house and in this impasse. -- end this impasse. >> we could have had this bill finished early this past week. there was a bipartisan agreement between myself and the senate leaders to move the underlying bill that will be in moving to the house yesterday. the president, all he had to do was say yes and that milk -- that bill would have move quickly through both the house and senate. so we have wasted a week we did not need to waste. now we have been driven into this call the second it is time for the president to decide how we are going to get out of it. >> what gives you confidence? >> in spite of our differences, i think we are dealing with a reasonable, responsible people who want this crisis to end as quickly as possible and i am confident that we will. >>
Search Results 0 to 17 of about 18 (some duplicates have been removed)